Three arrested for cheating banks with forged documents

Three men were arrested for allegedly cheating various banks by opening accounts using forged documents and later getting away after taking credit card and loans, police said Saturday.

The accused were identified as Sarvan Kumar (27), a resident of Prahlad Vihar, Rohini, Manish Tiwari (30), a resident of Mohan Garden and Mohit Kumar (38), a resident of Baljeet Nagar, police said.

Most of the loans were pre-approved, applied through online route, as according to the bank policies and RBI guidelines no KYC documents are demanded at the time of loan sanction. After obtaining the loan they fled, Rajiv Ranjan, Additional Commissioner of Police (Crime), said.

The accused have cheated the Axis Bank, HDFC Bank, IndusInd Bank, SBI, RBL, ICICI Bank, Bank of Baroda and other banks, he added.

Total 22 PAN cards, nine Aadhar cards, 21 voter cards, four driving licenses, 38 debit/credit cards, 15 mobile phones, multiple photographs and details of more than 100 bank accounts, one laptop and one ...